Windfall Tax

The government recently increased windfall tax (export duty) on diesel to ₹55.5/litre and ATF to ₹42/litre.
A windfall tax is a higher tax on unexpected, above-normal profits earned due to external factors beyond a company’s control.
 • Profits are not due to business effort, but due to events like wars, pandemics, or shortages
 • Imposed to redistribute excess gains and raise government revenue